Matt T.
REO under contract: Fire Before Close
Good Morning! I have an REO SFR under contract as of seven days ago. Yesterday I learned a detached single car garage caught fire and burnt to the ground. In the process it did some serious damage to a neighbor's d...
Sean Witherspoon
Created wrong LLC name. I close on Monday
I created a LLC for a rental I’m closing on on Monday. I used the property address. But I just learned that I used the WRONG address. The condo number is 1193 but I created the LLC for 1196. The loan is in the LLC’s ...
Clyde Benfer
rentral property that you live in? financing? multiple questions.
Hello, I have never purchased a property but am looking at buying one this summer and would like some advice/knowledge.
Background: 3 story Victorian house. 2 bedroom 1st floor apartment, 2 bedroom 2nd floor apar...
Endo Na
Conventional vs FHA mortgage
First
time buying a home and looking to purchase a 4 unit multi-family owner
occupied building. My plan is to live in it for a year do repairs then
purchase another and do the same.
I
have enough for 20% down...
Bryan Blancke
How fast can I refinance a purchase?
I want to buy a home with private money. The seller will only accept a cash deal. How quickly can I go from closing a deal to refinancing this deal with a conventional bank mortgage? I want to pull out the cash to pay...
Andy Farra
Subject To // Lease option
Hello, A little background on the situation:I purchased a home to rehab and put back on the market, once the rehab was complete the market had softened and a few more homes in the area had come online making for a buy...
Mike Masland
Seattle rental scenario
Background
My wife and I have lived in a single family home located in Seattle, WA for the last 4 years. We love it, but need to move. We owe $590k on mortgage and could probably sell the house for $900k so let’s cal...
Chris Rich
Newbie looking for advice. Oklahoma.
Like nearly every newbie here, I’m interested in getting into real estate and therefore plan for my next house to be useful toward that goal. I’m learning as fast as I can, but there is no substitute for experience of...
Tyler Merritt
Multi-family purchasing and operating checklist
I’m interested to hear what your processes are on when buying and then operating a property.
What are things you’ve missed in either your numbers or inspections of properties when purchasing multi-family units? Are ...
Steve Saulic
Seller Financing for Flips?
Hello there everyone, I just wanted to get some opinions about seller financing for flips. If you have a seller who is willing to do a short term land contract and you plan on getting into the property and trying to g...